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DK central bank hikes rates

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As expected, the Danish central bank Nationalbank has slapped 0.25 percentage points on its rates in the wake of a decision by the European Central Bank to raise rates for the first time since 2008 by 0.25 percentage points to 1.25 percent.

“The interest rate increase is a consequence of the increase by the European Central Bank of its rate on the main refinancing operations by 0.25 per cent to 1.25 per cent,” Nationalbanken says.

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